Price trend
On April 7th, the commodity price index of propylene and isooctanol in SunSirs was 99.91 points, an increase of 0.02 points from the previous, a decrease of 49.83% from the highest point of 199.16 points during the cycle (2020-04-13), and an increase of 110.43% from the lowest point of 47.48 points on August 8th, 2021. (Note: The period refers to January 1, 2012 to present).
According to the commodity analysis system of SunSirs, the average market price of isooctanol in Shandong on April 8th was 7,850 RMB/ton, which was temporarily stable compared to the previous trading day.
Analysis review
The upstream propylene market fluctuated and consolidated, the cost support of isooctanol weakened, the downstream plasticizer market fell, and the downstream purchasing enthusiasm weakened. The support for the rise of isooctanol weakened, and the downward pressure increased.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com
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